Qiangrui Technology: Controlling shareholder intends to reduce its shareholding by less than 1.93%

Qiangrui Technology announced that its controlling shareholder, Ningyang County Qiangrui Technology Development Co., Ltd., plans to reduce its holdings of the company's shares by no more than 2.8 million shares, or 1.9335% of the total share capital of the company, through block trading within three months after fifteen trading days from the date of the announcement. The reasons for the reduction are to repay bank loans, improve the financial structure, and layout business development.